Sunday, June 5, 2016

Switzerland rejects universal income

"Swiss voters have overwhelmingly rejected a proposal to introduce a guaranteed basic income for all.

Final results from Sunday's referendum showed that nearly 77% opposed the plan, with only 23% backing it.
The proposal had called for adults to be paid an unconditional monthly income, whether they worked or not.
The
supporters camp had suggested a monthly income of 2,500 Swiss francs
(£1,755; $2,555) for adults and also SFr625 for each child."